ETHUSD just waiting for Bitcoin to finish retracement

ETHUSD has grown at a health rate, retracing at the right time and bouncing back at a good pace. Even at this moment, ETH looks to be in a great shape but due to its being overshadowed by the outlook of Bitcoin and thus the crypto market overall, it hasn't rebound yet. When Bitcoin rebounds, I expect ETH to rebound at a faster pace.

915 USD - Good buy
845 USD - Great buy
757 USD - Steal

Kommentera:

It's double bottomed at the 757 level, and is starting to rebound. If you missed the 757 price range, 845 is still a cheap price to pay. This is the beginning of the reversal.

Kommentera:

The current price is 78.6% retracement on the larger scale. also look at the volume spike. It doesn't get more oversold than this. ETH is a bargain at this price.